AIG reviews

3.6

63% would recommend to a friend

(7,538 total reviews)

Peter Zaffino

71% approve of CEO

62% positive business outlook

AIG has an employee rating of 3.6 out of 5 stars, based on 7,538 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AIG employee rating is in line with the average (within 1 standard deviation) for employers within the Assurance industry (3.6 stars).

Reviews by job title

8K reviews
1.0
Jun 19, 2014

No Ethics

Recommend
CEO approval
Business Outlook

Pros

You are given a book of business.

Cons

The book of business you're given comes from a current rep or one who has been terminated. There are annual minimums beginning with your first full year, and increases by $1million per year until you reach a minimum of $4million just in transfers in. That is on top of the required numbers of financial plans and percent of increased Plan Sponsor Business. The comp on the higher interest paying PS accounts in some instances is 0. ABC is available. The training has become ridiculous. Sadly, this was a wonderful company for the reps, but no more. They want to force you out instead of firing you, but if the DM needs to improve his numbers, he/she will fire you and bring in a rookie whose numbers won't negatively affect the DM. They are considering changing their name BACK to AIG.

1.0
Apr 16, 2014
Recommend
CEO approval
Business Outlook

Pros

Not much good can be said about the company, if you are in a group where your opinions are valued, you might get some experience out of it. Early car service at 8pm.

Cons

Sweatshop environment, work hours in the finance community is usually till midnight on quarter ends and 8 or 9 normally and weekend work including major holidays (so goodbye july 4th bbq). Extremely old fashion culture where usage of new technology was faced with much resistant (think printing calculator instead of MS Excel). This caused very slow production cycles and bottlenecks for everyone and those who were efficient now seemed they don't have enough work. Male dominated senior management where women managers seem to have to stay extra late and work extra hard to just get invited to the party, very unprofessional behavior can be seen coming from senior male management. Horrible review system, one is rated against others in the same pay grade but not necessary the same function. Managers who have never spoken or worked with you gets to vote if you are an above average performer, so if your manager is outspoken and willing to fight for you against other managers, you get a better rating and thus a merit award. However, will s/he willing to hurt a relationship with another manager?

2.0
Mar 29, 2014

Unstable and Hypocritical Leadership

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A rated AM Best Company; best products in the marketplace; hard working and loyal employees.

Cons

Those that stuck it out through the hard times of 2008 were told that they would be rewarded for their loyalty. Instead, we are faced with forced ranking, jobs being shipped overseas and consultants. The latest trend is consolidation of regions into one (Chicago and Cleveland; Dallas and Houston; LA/ San Francisco etc.). The latest mission statement was to be closer to the customer, which is a contractraction. Many lost their jobs yesterday, and the consolidation of regions will cost many more jobs in addition to "WOW" which will shut down profit centers. Technology is a joke. I still use Windows 2003 as an operating system.

Viewing 286 - 288 of 7,538 Reviews

Glassdoor has 8,621 AIG reviews submitted anonymously by AIG employees. Read employee reviews and ratings on Glassdoor to decide if AIG is right for you.